Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria - 2022
Contents:
- Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria (CIF) - 2022
- Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria (FOB) - 2022
- Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria
- Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria
Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria (CIF) - 2022
In 2022, the average import price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) amounted to $1,360 per ton, increasing by 5% against the previous year. Overall, the import price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 16%. The import price peaked at $3,353 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,707 per ton), while the price for China ($638 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria (FOB) - 2022
In 2022, the average export price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) amounted to $765 per ton, declining by -20.6% against the previous year. Overall, the export price saw a abrupt slump. The growth pace was the most rapid in 2013 an increase of 27% against the previous year. As a result, the export price attained the peak level of $1,710 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to +7.1% per year.
Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria
In 2022, purchases abroad of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) decreased by -2.3% to 2.6K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 264%. As a result, imports attained the peak of 3.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) totaled $3.5M in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 158%. As a result, imports attained the peak of $4.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 277 | 1,093 | 980 | 869 | 46.4% |
Germany | 439 | 979 | 613 | 628 | 12.7% |
United Kingdom | 240 | 655 | 301 | 368 | 15.3% |
Italy | 81.1 | 233 | 413 | 367 | 65.4% |
South Africa | 78.5 | 118 | 401 | 356 | 65.5% |
United States | 357 | 616 | 95.0 | 341 | -1.5% |
India | 170 | 428 | 223 | 253 | 14.2% |
Egypt | 9.0 | 137 | 108 | 96.0 | 120.1% |
Malaysia | 4.7 | 153 | 20.1 | 52.5 | 123.5% |
Lebanon | N/A | 39.4 | N/A | N/A | 0% |
Others | 195 | 318 | 277 | 192 | -0.5% |
Total | 1,852 | 4,771 | 3,432 | 3,522 | 23.9% |
Top Suppliers of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) to Nigeria in 2022:
- China (1363.2 tons)
- Germany (324.9 tons)
- India (193.5 tons)
- United Kingdom (152.8 tons)
- Italy (125.2 tons)
- South Africa (121.0 tons)
- Egypt (91.6 tons)
- United States (72.4 tons)
- Malaysia (68.8 tons)
Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria
In 2022, shipments abroad of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) was finally on the rise to reach 330 tons after two years of decline. Over the period under review, exports, however, showed a sharp curtailment.
In value terms, exports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) skyrocketed to $252K in 2022. Overall, exports, however, showed a precipitous shrinkage.
Export of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 266 | 689 | N/A | 252 | -1.8% |
Benin | N/A | 4.9 | 71.5 | N/A | 1359.2% |
Senegal | 903 | N/A | N/A | N/A | 0% |
Togo | 21.4 | N/A | 85.1 | N/A | 99.4% |
Others | 64.1 | 19.9 | 15.5 | 0.1 | -88.4% |
Total | 1,255 | 714 | 172 | 252 | -41.4% |
Top Export Markets for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) from Nigeria in 2022:
- Cote d'Ivoire (329.5 tons)
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